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” Following his transitional leadership role at SALIDO and NAB, Chowdhury will focus his efforts on the Bowery Engine, an early stage direct investment and incubation company that previously supported SALIDO. Founding committee members include: Bleu Adams, IndigeHub, and JBF Women’s Entrepreneurial Leadership Program Fellow.
But it wasn’t quite so bad for fast-casual concepts , which outpaced other categories with 9% growth in 2024, according to Technomic. Fast-casual chicken chains, including Dave’s Hot Chicken, saw double-digit sales growth, while fast-casual pizza continued to falter. By Heather Lalley on Jun.
In 2017, he was arrested in Chicago on charges of assaulting his ex-wife and a business partner, according to Eater Chicago. News independents chefs Lisa Jennings is a veteran restaurant industry reporter and editor who covers the fast-casual sector, independent restaurants and emerging chain concepts. Sign up here.
Other businesses have seen a surge of consumer interest, including chicken-wing joints (+84 percent), pizzerias (+71 percent) and fast-food restaurants (+55 percent). dine out more often to fulfill basic needs and gravitate toward drive-thru and take-away options associated with QSR and fastcasual. In the U.K.
Adding to the 20 Noodles & Company locations in the metro Chicago market, the ghost kitchen will help reach a new customer base through its digital channels and give the fast-casual brand a presence in-between local locations. "We're flip'd by IHOP. Grab-and-go salads and wraps, freshly baked goods and more.
This investment comes at a pivotal time, as the Indian fastcasual has more than 50 franchise and corporate locations in varying stages of development across the United States, including two franchised locations that recently opened in Atlanta and Orange County, California. Paris Baquette's Leadership Changes.
The fast-casual brand continues to grow amid the pandemic and is on track to open more than 30 restaurants this year. With drive-thru equipped buildouts as low as 1,200 sq. Increasing Pathways to Black Franchise Ownership. ” To learn more about the Pathways to Black Franchise Ownership program, visit MFHA.net.
She has also held leadership roles at Sony Ericsson Mobile Communications, PepsiCo, and Frito-Lay. ” Mailender added, “On behalf of the entire Checkers & Rally’s family, I would like to thank Rick Silva for his partnership and many years of leadership.
parent company of fast-casual restaurant chain The Habit Burger Grill, for approximately $375 million in a cash transaction. “As a fast-casual concept with strong unit economics, The Habit Burger Grill is a fantastic addition to the Yum! Beefing Up with Habit Acquisition. Brands, Inc. and internationally.
Despite the lagging global pandemic, the organic fast-casual brand is surging forward with record-breaking sales, franchise development growth, and new guest acquisition and satisfaction. ’ We’re one of the only restaurants serving filet mignon and lobster at fast food prices.”
“Matt and I have been fans of Moe’s for a long time and were attracted to the unique brand personality, culture, leadership, vision for the future and unit-level economics.” “I wanted to combine the fast-paced style of the East Coast with the laid-back atmosphere of Greek coffee culture.
42 of the country’s favorite fast food and restaurant chains still don’t offer a plant-based entrée, according to a report released today by The Good Food Institute (GFI). Over the past two years, the number of Brits who have eaten meat-free foods* has shot up from 50 percent in 2017 to 65 percent in 2019.
In addition to virtual kitchens meeting lower labor costs, they also offer a fast-track to opening, with a location able to begin serving in just one month. In 2017, Carson joined Coolgreens as vice president of franchise development, where he helped build the franchise program and successfully attracted franchisees. Pieology in China.
Kempczinski was one of key hires during this period, joining McDonald's in September 2015 as executive vice president of strategy, business development & innovation following leadership positions at Kraft and Pepsi. in January 2017. He has the right mix of skills and experience to lead us forward having run our U.S.
“Fast food options usually fall into two buckets: fast, healthy, and unaffordable, or fast, unhealthy, and affordable and nothing in between. Angela joined the Bolay family in late 2017 and has quickly become an integral member of the team. Bolay Promotes Gutierrez. Angela Gutierrez. AdTheorent, Inc.,
Chicken Salad Chick has 137 locations throughout 16 states predominantly in the Southeast and is a leading fast-casual restaurant company. The fast-casual restaurants also feature homemade pimento cheese and egg salad, as well as fresh sides, soups and desserts. Terms of the deal are confidential.
The majority of fast-casual and fine dining operators are meeting this challenge head-on by adding new offerings monthly,* driving increased competition with bar-and-grill operators. ” Level Equity, an investor in Tripleseat since 2017, will continue as a significant shareholder in the combined business.
Cypress will directly manage and coordinate all discussions and distribution of sale materials with potential buyers while maintaining a close, ongoing interaction with the Krystal leadership team. Blaze Fast-Fire’d Pizza signed a multi-unit development deal that will grow the brand’s footprint in Southern Louisiana.
The best performing segments during November were those whose sales are the most negatively affected by Thanksgiving: fastcasual, upscale casual and casual dining. Expect for casual dining, upscale casual and fine dining to have abysmal sales and traffic growth numbers. First, at 2.1 Change, Incorporated.
“Salata is on an upward trajectory to become “the” premiere national fast-casual salad restaurant,” said Wheeler. The new hires highlight the brand’s continuous efforts to build Black Bear Diner’s executive leadership team following years of growth and geographic expansion. A rebrand (June).
Between 2015 and 2017, Chipotle had a series of foodborne illness outbreaks related to compromised food safety. Recall cases cost companies an average of $10 million (including only direct costs). Food safety can be compromised due to poor warehousing/storage, transportation shortages, and even bad weather. in market cap.
Continuing under the leadership of VP of Franchise Development, Shannon Swenson, Dave’s Hot Chicken has expanded its reach across the country with new deals signed in several key markets. “The business is doing incredible things through its careful selection of vetted franchise owners and fast, but strategic, growth.
percent growth over the fourth quarter of 2017. percent since Q3 of 2017. The best performing segments during Q4 (and those that achieved positive same-store sales growth) were family dining, fine dining and upscale casual. Same-store sales growth during Q4 shows restaurant sales decreased by -0.1 percentage points over Q3.
His involvement in the community was unrivaled, as he was a major donor and contributor, giving generously of this time, leadership and experience. In 2017, at its annual Stars of the Industry Gala, the Restaurant Association of Maryland presented Plamondon with the Brice & Shirley Phillips Lifetime Achievement Award.
Sandy is a graduate of Walsh College with a Bachelor’s of Accountancy and accomplished the designation of Certified Scrum Master in 2017. Under Barb’s leadership, TSFR’s Del Taco restaurants consistently broke system wide sales records and TSFR was named franchisee of the year two years in a row. William (Bill) M.
” Fast-Craft Restaurant Concept Set to Have 50 Locations Open by the End of 2022. The company was classified “Best in Class” and acquired by McDonald’s Corporation in 1999, at a time when the fast-food giant was extending its reach beyond burgers. and Brinker International, Inc. MOOYAH Targets St. Louis Area.
Greek from Greece (gfg) Café, the authentic Greek fastcasual phenomenon, recently opened its fifth New York location at 100 Purchase Street in Rye. “Gfg is the leading brand in the Greek fast-casual cuisine, but it also has innumerable benefits for franchisees,” said Dan Rowe, CEO of Fransmart.
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